Malaysia: Opposition names 92-yr-old Mahathir as PM candidate

Agencies
January 7, 2018

Kuala Lumpur, Jan 7: Malaysia’s opposition coalition on Sunday named 92-year old former premier Mahathir Mohamad as its prime ministerial candidate for a general election that must be called by August.

With the country’s most popular opposition leader Anwar Ibrahim in jail, Mr. Mahathir is seen as the biggest threat for Prime Minister Najib Razak, who is engulfed in a corruption scandal.

Mr. Mahathir, who earned a reputation during his 22-year tenure as prime minister of being a no-nonsense authoritarian with little time for dissenters promoting liberal values, stands to become the world's oldest leader if the opposition wins.

A victory could also potentially pave the way for former Mr. Mahathir foe Mr. Anwar to become the prime minister.

Mr. Mahathir and Mr. Anwar's wife Wan Azizah Wan Ismail will be the Pakatan Harapan coalition's candidates for the premier and deputy prime ministerial posts respectively, secretary general Saifuddin Abdullah said at the alliance's convention.

If the opposition wins, the component parties have agreed to immediately commence the legal processes to obtain a royal pardon for Mr. Anwar, Mr. Saifuddin said.

“...So that Anwar could immediately play a role in the federal government and subsequently be proposed as a candidate for the eighth prime minister,” he said.

The Mahathir-Anwar coalition and their endorsement of each other is a turnaround from their bitter feud that has shaped Malaysia's political landscape for nearly two decades.

Mr. Anwar was once a protege of Mr. Mahathir, and the rising star of Malaysian politics, but they had a falling-out in the late 1990s. Soon afterwards, Mr. Anwar was jailed on charges of sodomy and graft, after being sacked as the deputy prime minister. He denied the charges, dismissing them as politically motivated.

Mr. Anwar later led an opposition alliance to stunning electoral gains in 2013. Mr. Najib's Barisan Nasional coalition lost the popular vote in that election, but managed to stay in power after winning a majority of the seats in parliament.

But Mr. Anwar was convicted and jailed again in 2013 for sodomizing a former aide, a charge he and his supporters describe as an attempt to end his career.

The sodomy conviction disqualifies Mr. Anwar from political office and from contesting the next election. A royal pardon, however, would let him contest.

Opposition to Prime Minister Najib has brought Mr. Anwar and Mr. Mahathir back together, with their parties now working in the opposition coalition.

Mr. Najib has been embroiled in a corruption scandal involving state fund 1Malaysia Development Berhad (1MDB). In civil lawsuits, the U.S. Justice Department has alleged that about $4.5 billion was misappropriated from 1MDB.

The fund has denied any wrongdoing and Najib, who founded 1MDB, has denied all allegations of corruption against him and was cleared of wrongdoing by Malaysia's attorney-general.

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News Network
March 4,2020

Beijing/Zurich, Mar 4: China has approved the use of Swiss drugmaker Roche's anti-inflammation drug Actemra for patients who develop severe complications from the coronavirus as it urgently hunts for new ways to combat the deadly infection that is spreading worldwide.

China is hoping that some older drugs could stop severe cytokine release syndrome (CRS), or cytokine storms, an overreaction of the immune system which is considered a major factor behind catastrophic organ failure and death in some coronavirus patients.

Actemra, a biologic drug approved in 2010 in the United States for rheumatoid arthritis (RA), inhibits high Interleukin 6 (IL-6) protein levels that drive some inflammatory diseases.

China's National Health Commission said in treatment guidelines published online on Wednesday that Actemra can now be used to treat coronavirus patients with serious lung damage and high IL-6 levels.

Separately, researchers in the country are testing Actemra, known generically as tocilizumab, in a clinical trial expected to include 188 coronavirus patients and running until May 10.

Roche, which donated 14 million yuan ($2.02 million) worth of Actemra during February, said the trial was initiated independently by a third party with the aim of exploring the efficacy and safety of the drug in coronavirus patients with CRS.

It added that there was currently no published clinical trial data on the drug's safety or efficacy against the virus.

More than 3,000 people have died and 93,000 have been infected by the novel coronavirus thought to have originated in Wuhan, China, before spreading to around 90 countries including the United States, Italy, Switzerland, France and Germany.

The Swiss company, for which China is its No. 2 market behind the United States, also makes diagnostic gear to detect the coronavirus.

Since Actemra's approval a decade ago, it has become a go-to drug against other inflammatory conditions, including cytokine storms in cancer patients receiving cell therapies from Novartis and Gilead Sciences.

In 2012 it helped save the life of a young U.S. girl, the first child to be treated for leukaemia with Novatis' Kymriah, from a post-treatment rush of IL-6.

Priced at between $20-30,000 annually for RA according to SSR Health, Roche's medicine is also used for rare juvenile arthritis and giant cell arteritis, or inflammation of the blood vessels.

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News Network
January 27,2020

Jan 27: Bidders for Air India Ltd. will need to absorb $3.26 billion of its debt, as Prime Minister Narendra Modi’s administration tries once again to sell the national carrier.

The entire company will be sold but effective control needs to stay with Indian nationals, according to preliminary terms published Monday. Bids are invited by March 17 with Ernst & Young LLP India as transaction adviser.

Air India, which started in 1932 as a mail carrier before winning commercial popularity, saw its fortunes fade with the emergence of cutthroat low-cost competition. The state-run airline has been unprofitable for over a decade and is saddled with more than $8 billion in debt.

Indian regulations allow a foreign airline to buy as much as 49% of a local carrier, while overseas investors other than airlines can buy an entire carrier. The government didn’t find a single bidder when it tried to sell Air India in 2018.

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News Network
July 3,2020

Jul 3: China under President Xi Jinping has stepped up its "aggressive" foreign policy toward India and "resisted" efforts to clarify the Line of Actual Control that prevented a lasting peace from being realised, according to a report released by a US Congress appointed commission.

The armies of India and China have been locked in a bitter standoff at multiple locations in eastern Ladakh for the last seven weeks, and the tension escalated after 20 Indian soldiers were killed in a violent clash in the Galwan Valley on June 15.

“Under General Secretary of the Chinese Communist Party (CCP) Xi Jinping, Beijing has stepped up its aggressive foreign policy toward New Delhi. Since 2013, China has engaged in five major altercations with India along the Line of Actual Control (LAC),” said a brief issued by US-China Economic and Security Review Commission.

"Beijing and New Delhi have signed a series of agreements and committed to confidence-building measures to stabilise their border, but China has resisted efforts to clarify the LAC, preventing a lasting peace from being realised,” said the report and was prepared at the request of the Commission to support its deliberations.

Authored by Will Green, a Policy Analyst on the Security and Foreign Affairs Team at the Commission, the report says that the Chinese government is particularly fearful of India’s growing relationship with the United States and its allies and partners.

“The latest border clash is part of a broader pattern in which Beijing seeks to warn New Delhi against aligning with Washington,” it said.

After Xi assumed power in 2012, there was a significant increase in clashes, despite the fact that he met Prime Minister Narendra Modi several times and Beijing and New Delhi have agreed to a series of confidence-building mechanisms designed to mitigate tensions.

Prior to 2013, the last major border clash was in 1987. The 1950s and 1960s were a particularly tense period, culminating in 1962 with a war that left thousands of soldiers dead on both sides, according to the records of China's People's Liberation Army, the report said.

“The 2020 skirmish is in line with Beijing’s increasingly assertive foreign policy. The clash came as Beijing was aggressively pressing its other expansive sovereignty claims in the Indo-Pacific region, such as over Taiwan and in the South and East China seas,” it said.

China is engaged in hotly contested territorial disputes in both the South China Sea and the East China Sea. Beijing has built up and militarised many of the islands and reefs it controls in the region. Both areas are stated to be rich in minerals, oil and other natural resources and are vital to global trade.

China claims almost all of the South China Sea. Vietnam, the Philippines, Malaysia, Brunei and Taiwan have counter claims over the area.

Several weeks before the clash in the Galwan Valley, Chinese Defence Minister Wei Fenghe called on Beijing to “use fighting to promote stability” as the country’s external security environment worsened, a potential indication of China’s intent to proactively initiate military tensions with its neighbours to project an image of strength, the report said.

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